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    <title>2010 (4) TMI 1228 - ITAT MUMBAI</title>
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    <description>The ITAT dismissed the revenue&#039;s appeal, affirming that the assessee&#039;s write-off of bad debts was allowable under section 36(1)(vii) as the assessee was engaged in money lending activities as an NBFC. The cross objection filed by the assessee was dismissed as infructuous.</description>
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      <description>The ITAT dismissed the revenue&#039;s appeal, affirming that the assessee&#039;s write-off of bad debts was allowable under section 36(1)(vii) as the assessee was engaged in money lending activities as an NBFC. The cross objection filed by the assessee was dismissed as infructuous.</description>
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